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$849,000
271 3rd Street
Key Colony, FL 33051
MLS# 620382
2 beds  |  2 baths  |  1037 sqft


View from Canal
  1 / 36  
View from Canal Kitchen 2 Front of Home Back Deck 2 Aerial 2 VISUALIZATION OF POOL POTENTIAL Living Area Living Room Living Room 3 Living Room 2 Living Room 4 Kitchen Kitchen 3 Guest Bed 3 Guest Bed 2 Guest Bed Guest Bath Master Bedroom 4 Master Bedroom 2 Master Bedroom 3 Master Bedroom Master Bath Back Deck Back Yard Back Yard 2 Back Yard 3 Back Yard 4 Boat Lift Dockage Aerial 3 Aerial 4 Aerial 5 Aerial Side Yard Overhead Washer and Dryer
Open House (10/17/2026 - 11:00 am - 1:00 pm)

Property Description
Welcome to Key Colony Beach! This impeccably maintained half duplex offers the perfect blend of island living, boating access, and investment potential. Featuring approximately 30' of dockage with a 10,000-lb boat lift and quick access to the open ocean, this property is a boater's dream. Room for a private pool offers the opportunity to create your own backyard oasis. The bright, open-concept interior features an updated kitchen with granite countertops, stainless steel appliances, and a convenient dining area. Spacious bedrooms offer double closets and ample storage, while the primary suite includes an ensuite bath with granite countertops and a large soaking tub/shower. Impact-resistant windows and doors and a durable metal roof provide added peace of mind. Currently operating as a weekly vacation rental and licensed for 7-night rentals, this property is ideal as a personal Keys retreat, income-producing investment, or both. Enjoy nearby waterfront dining, golf, beaches, parks, fishing, diving, and endless boating adventures. Bring your boat, envision your pool, and make this Key Colony Beach property your own. Schedule your private showing today!

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $849,000
Listing Date: 2026-06-23
List Price: $849,000
Location, Tax & Legal
City: KEY COLONY
Off Shore Island: No
Mile Marker: 53.5
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Senior Community YN: No
Side: Ocean
Flood Zone: AE
Alternate Key #: 9084748
Parcel #: 00072750-000100
Zoning: R-2A - Key Colony Two Family
Deed Restrictions: Unknown
Legal: BK 3 NORTHERLY PORTION LT 9 KEY COLONY BEACH PB3-120 SHELTER KEY OR541-652 OR774-176 OR1340-1112 OR1340-1113/15 OR1980-9
Taxes: 7933.82
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 271
Street Name: 3rd
Street Suffix: Street
Key/Island: Key Colony
State/Province: FL
Zip Code: 33051
County: Monroe
Subdivision: Key Colony Beach (53.5)
Area: 17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot Size: X
Lot SqFt: 4042
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.09
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Half Duplex
Year Built: 1974
Living Apx SqFt: 1037
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Welcome to Key Colony Beach! This impeccably maintained half duplex offers the perfect blend of island living, boating access, and investment potential. Featuring approximately 30' of dockage with a 10,000-lb boat lift and quick access to the open ocean, this property is a boater's dream. Room for a private pool offers the opportunity to create your own backyard oasis. The bright, open-concept interior features an updated kitchen with granite countertops, stainless steel appliances, and a convenient dining area. Spacious bedrooms offer double closets and ample storage, while the primary suite includes an ensuite bath with granite countertops and a large soaking tub/shower. Impact-resistant windows and doors and a durable metal roof provide added peace of mind. Currently operating as a weekly vacation rental and licensed for 7-night rentals, this property is ideal as a personal Keys retreat, income-producing investment, or both. Enjoy nearby waterfront dining, golf, beaches, parks, fishing, diving, and endless boating adventures. Bring your boat, envision your pool, and make this Key Colony Beach property your own. Schedule your private showing today!
Directions: US-1 to Sadowski Causeway- follow curve around to E. Ocean Dr .Turn left on 3rd st. Property is about midway down on left.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock: Wood
Boat Lift: 1
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Floor
Tile: 1
Neighborhood Feature
Fire Hydrant: 1
Tennis Courts: 1
Other Area Features: 1
Interior Features
Granite Counter Top: 1
Smoke Alarms: 1
Storage: 1
Building Style
Above Flood: No
Windows/Doors
Impact Rstnce Window: 1
Other Windows/Doors: 1
Vehicle Storage
Open Parking: 1
Off Street Parking: 1
Security
Patrolled Area: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Exterior Features
Fencing: 1
Roof
Metal Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Lift
Vehicle Storage: Off Street Parking; Open Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Granite Counter Top; Smoke Alarms; Storage
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Washer
Exterior Features: Fencing
Construction: CBS
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Fire Hydrant; Tennis Courts; Other Area Features
Security: Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA
Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: October - 12 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.